Congressman Bobby Schilling (IL-17) released the following
statement after voting in favor of H.R. 9, the Small Business Tax Cut
Act, which would allow small businesses – those with fewer than 500
employees – to deduct 20 percent of their income from taxes regardless
of how they are organized:

“Instead of raising taxes,
discouraging investment, and punishing the many small businesses that
file their taxes as individuals, we in the House want to work together
and make it easier for Illinois’ more than 200,000 small businesses to
grow, create jobs for our unemployed friends and neighbors, and lead us
into economic recovery. It’s simple – the more government takes from job
creators, the less flexibility they have to maintain current product
prices, keep folks on the payroll, or even expand their payroll. From
mom and pop shops to small manufacturing companies; businesses owned by
men, women, and minorities alike; we want to help all small businesses
provide hope
and opportunities for folks looking for work.

“I focus on what we can do to improve things for my constituents and
make it easier for them to succeed, not on what the talking heads say
can’t be accomplished. Americans deserve policies like the Small
Business Tax Cut Act that promote growth and opportunity, not more taxes
and spending.

“I am committed to overhauling the tax code and making it simpler,
fairer, and flatter, but this is a step we can take right now to help
small business owners grow jobs and paychecks and make a real difference
in folks’ lives.”